Safaricom is a listed Kenyan mobile network operator headquartered in Nairobi, the largest telecommunications provider in Kenya, formed in 1997 as a subsidiary of Telkom Kenya before Vodafone Group of the United Kingdom acquired a stake and management role in 2000. It is best known as the home of M-PESA, a pioneering mobile money transfer service, and has expanded its network into neighboring East African countries.
Facts
Company TypeKenyan mobile network operator 1 Founded Year Headquarters Company Type
Company Type (category) FAQs
How did Safaricom come to be partly owned by Vodafone and listed on a stock exchange?
Founded in 1997 under Telkom Kenya; Vodafone bought 40 percent in 2000 and 25 percent was offered to the public in 2008.
Safaricom was founded in 1997 as a fully owned subsidiary of Telkom Kenya. In May 2000 Vodafone Group acquired a 40 percent stake in the company, and in 2008 a public offering of 25 percent of its shares was made through the Nairobi Securities Exchange.
What does Safaricom say about the reach of M-PESA?
Safaricom says M-PESA serves over 32 million customers and reaches more than 84 percent of Kenyan adults.
Safaricom describes M-PESA as the world's first mobile money transfer system and Africa's largest fintech. The company says M-PESA lets over 32 million customers transact, save or borrow money through their mobile phone, and that it has taken financial inclusion in Kenya to more than 84 percent of the adult population.
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Source Wikidata: Safaricom
A major telecommunications carrier; classified in the atlas telecommunications-industry.
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Also in Geography Atlas: where this subject is located.
Source Safaricom (Wikipedia)Lead sentence 1tier 2Quote, Lead sentence 1
Safaricom PLC is a listed Kenyan mobile network operator headquartered at Safaricom House in Nairobi, Kenya.
Sources
1. Safaricom (Wikipedia)
WikipediaLead section, opening sentence
Safaricom PLC is a listed Kenyan mobile network operator headquartered at Safaricom House in Nairobi, Kenya.
Infobox: founded
1997
- Infobox company, type field: "Public"
View the Source Wikidata: Safaricom
- Wikidata Q7398410, class allow-list match (w-wdresolver-0926)
- Operates In: Mobile Phone Industry, Wikidata P452 industry claim
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